Tags: Amazon | bookstores | retail | shopping

CNBC: Amazon Plans to Open Hundreds of Physical Bookstores

Image: CNBC: Amazon Plans to Open Hundreds of Physical Bookstores

Tuesday, 02 Feb 2016 05:23 PM

Amazon is planning to open hundreds of physical bookstores according to a large mall CEO who spoke to The Wall Street Journal.

The newspaper said General Growth Properties CEO Sandeep Mathrani mentioned Amazon's bookstores in response to a question about mall traffic in an earnings call with analysts on Tuesday, according to CNBC.

"You've got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400," said Mathrani.

© 2017 Newsmax Finance. All rights reserved.

   
1Like our page
2Share
Headline
Amazon is planning to open hundreds of physical bookstores according to a large mall CEO who spoke to The Wall Street Journal.
Amazon, bookstores, retail, shopping
74
2016-23-02
Tuesday, 02 Feb 2016 05:23 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved